service fee

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Definitions from WordNet

Noun service fee has 1 sense

service charge, service fee - a percentage of a bill (as at a hotel or restaurant) added in payment for service
--₁ is a kind of charge
--₁ has particulars: corkage

Definitions from the Web

Term: Service Fee

Description:

A service fee is a charge levied by a company or organization for the provision of a particular service.

Senses/Usages:

Sense 1 - General:

In a general sense, a service fee is a fee charged for the service or assistance provided by a company or individual.

For example:

The hotel charges a service fee for room cleaning and maintenance.
I paid a service fee to the travel agent for booking my flight.

Sense 2 - Financial:

In the context of finance, a service fee refers to a charge imposed by a bank or financial institution for specific services, such as account maintenance.

For example:

The bank charges a monthly service fee for maintaining the checking account.
I incurred a service fee for using an out-of-network ATM.

Sense 3 - Online Platforms:

In the realm of online platforms and marketplaces, a service fee may be charged to cover operational costs or as a commission for facilitating transactions.

For example:

The e-commerce website charges a service fee for every sale made through its platform.
The freelance platform deducts a service fee from the earnings of freelancers.